Bank of America analyst Joshua Dennerlein has resumed coverage of TransUnion (TRU, Financial) with an "Underperform" rating, setting the price target at $84. The analysis points to several factors influencing this rating. Dennerlein highlights that TransUnion holds the least robust network effect when compared to its industry peers within his coverage.
Additionally, the company’s international prospects are viewed as uncertain, primarily due to factors involving India and the impact of tariffs. Despite these challenges, the current valuation of TransUnion is perceived as already accounting for an increase in free cash flow, which supports the analyst's cautious stance.
